Cost Accounting

Cost accounting: operating line, breakdown of costs (fixed and variable, direct costs and indirect costs), cost elements (materials, labour, depreciation, interest, risks), costing and variable costing, costs allocation: division calculation (simple and gradual), overhead calculation (summary and differentiated) managerial accounting, co-product costing, equivalent size calculation; income calculation: contribution margin, summary and stage contribution account; decision making: opportunity cost, scheduling, price caps and price limits, break-even analysis, method comparison.

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Engel, Wolfgang A., script (2013): Kostenrechnung

Planned learning activities and teaching methods

Applying the course syllabus through exercises and performing application related tasks

Assessment methods and criteria

assessment of learning outcomes reached: final exam (60 minutes, 70% of final grade); continuous assessment (30% of final grade)

Prerequisites and co-requisites

introduction class, no subject specific prerequisite

Infos

Degree programme

Technical Sales and Distribution Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Part-Time

Academic year

2021

Semester

2 SS

Incoming

No

Learning outcome

After the completion of the course "Cost Accounting" the students will be able to determine the different types of cost accounting and use in practice. Furthermore, the students will be able to analyse contribution margin accounting and critically compare different decisive costs with each other.

Course code

0480-18-01-BB-DE-11